Assume that the economy of the United States is operating below full employment. [a] Draw a correctly labeled graph of longrun aggregate supply {LRAS}, shortrun aggregate supply [SEAS], and aggregate demand {AD}. Label each ofthe following: i. current price level. labeled PL1. and current output level. labeled Y1 ii. full employment output level, labeled VF [b] On your graph from part [a], illustrate what will happen in the long run if no policy action is taken. c} Instead, the government decides to act. Identify and explain a specific fiscal policy action that could move the economy toward full employment output. [d] Based on your response to part [c], identify and explain the effect on real GDP in the short run. {e} Howr will the change in real GDP from part [d] affect the supply of US. dollars in the foreign exchange market? (f) The United States and Canada are trade partners. Draw a correctly labeled graph of the foreign exchange marlcet for U.S. dollars [in Canadian dollars {CAD} per U.S. dollar {USD]]_ showing the effect of the change in part {e} on the value of the U.S. dollar